Economic policy and administration

A veteran economist, Sawai Boonma, has called on the country to apply the principles of a sufficiency economy, as introduced by the late monarch, to their everyday activities. The economist-turned-writer said the sufficiency economy philosophy is an effective mechanism to sustain economic growth and citizens’ ...

New type of funds will be set up to replace the long term equity fund (LTF) which will end next year, in a move to boost long-term investment in the Thai bourse, said Federation of Thai Capital Market Organisations (Fetco).Keep reading ...

Prime Minister Shinzo Abe and his Thai counterpart Prayuth Chan-ocha on Monday (Oct 8) confirmed their cooperation in promoting free trade, with the Southeast Asian country expressing its readiness to join the 11-nation Trans-Pacific Partnership that Japan has helped spearhead.Keep reading ...

The government is studying the feasibility of establishing a cross-border economic zone in the Golden Triangle under the Lancang-Mekong Cooperation scheme to expand economic links for Thailand, Myanmar, Laos and China. Keep reading ...

Aiming to successfully lead Thailand into a digital economy, the Digital Economy Promotion Agency has set ambitious goals, including the country emerging as the Internet of Things (IoT) hub of Asia within five years, and the agency itself taking the lead in helping Asean countries ...

Thailand and Laos have engaged in negotiations to reduce trade and investment barriers, with the aim of creating a logistics network that will boost bilateral trade to 11 billion US dollars by 2021, up from 6.1 billion dollars last year. Commerce Minister Sontirat Sontijirawong, today ...

No national project of global reach carries as much stake and attracts as much attention as China’s Belt and Road Initiative (BRI). Conceived in 2013, the BRI is the colossal brainchild of President Xi Jinping and his government. Keep reading ...

Prime Minister Prayut Chan-o-cha yesterday mandated that the National Economic and Social Development Board (NESDB) and the Board of Investment (BoI) jointly revise the investment target for 10 special economic zones (SEZs) to make them more attractive to investors. The two agencies met the SEZ ...

A new report from the global research and consultancy firm Oxford Business Group (OBG) shines a spotlight on the Thailand 4.0 initiative and the development of the Eastern Economic Corridor (EEC), which together have helped foreign investment levels to recover. Keep reading ...

A multi-billion dollar infrastructure fund planned by the Thai government, first announced in 2015, will be launched in October, delayed again from September, a senior finance ministry official said on Wednesday. (August 29)The government aims to use the “Thailand Future Fund”, intended to eventually reach ...